(Rs. crore)

Outstanding ason

Variation over

Financial year so far

Year-on-year

2003

Fortnight

2002-2003

2003-2004

2002

2003

Item

Mar. 31#

Nov. 28#

Amount

%

Amount

%

Amount

%

Amount

%

Amount

%

1

2

3

4

5

6

7

8

9

10

11

12

13

M₃

17,25,222

18,78,422

9,365

0.5

1,81,515

12.1

1,53,199

8.9

2,40,643

16.7

1,98,552

11.8

[16,95,551]

[1,47,417]

[9.8]

[2,06,545]

[14.4]

Components (i+ii+iii+iv)

(i)

Currency with the Public

2,70,983

2,97,344

–1,556

–0.5

17,452

7.2

26,362

9.7

28,699

12.5

39,098

15.1

(ii)

Demand deposits with banks

1,98,602

2,15,843

2,737

1.3

6,587

3.7

17,241

8.7

19,134

11.5

30,056

16.2

(iii)

Time deposits with banks @

12,52,396

13,61,100

8,146

0.6

1,57,393

14.6

1,08,704

8.7

1,92,788

18.5

1,28,195

10.4

[12,22,725]

[1,23,295]

[11.5]

[1,58,690]

[15.3]

(iv)

"Other" deposits with Reserve Bank

3,242

4,135

38

0.9

82

2.9

892

27.5

21

0.7

1,203

41.0

Sources (i+ii+iii+iv-v)

(i)

Net Bank credit to Government (a+b)

6,78,059

7,26,650

5,516

0.8

58,236

9.9

48,591

7.2

68,308

11.8

78,849

12.2

(a) Reserve Bank

1,20,679

63,839

–514

–0.8

–34,044

–22.4

–56,841

–47.1

–44,967

–27.6

–54,295

–46.0

(b) Other Banks

5,57,379

6,62,811

6,030

0.9

92,280

21.1

1,05,432

18.9

1,13,276

27.2

1,33,144

25.1

(ii)

Bank credit to commercial sector (a+b)

9,06,612

9,47,140

3,836

0.4

93,615

12.3

40,528

4.5

1,39,065

19.5

93,878

11.0

(a) Reserve Bank

3,048

2,084

9

0.5

–2,824

–47.6

–964

–31.6

–4,633

–59.9

–1,020

–32.9

(b) Other Banks

9,03,564

9,45,055

3,827

0.4

96,440

12.8

41,492

4.6

1,43,698

20.3

94,897

11.2

(iii)

Net foreign exchange assets of banking sector

3,93,715

4,77,715

16,355

3.5

58,247

18.7

84,000

21.3

87,909

31.2

1,08,434

29.4

(iv)

Government's currency liabilities to the public

7,071

7,179

—

—

541

8.5

108

1.5

914

15.2

272

3.9

(v)

Banking sector's net non-monetary

liabilities other than time deposits

2,60,234

2,80,262

16,343

6.2

29,123

17.3

20,028

7.7

55,553

39.2

82,881

42.0

of which : Net non-monetary liabilities of RBI

1,27,141

1,25,253

7,590

6.5

13,559

13.4

–1,889

–1.5

21,955

23.7

10,474

9.1

@ : Includes Rs.25,662 crore on account of proceeds from India Millennium Deposits (IMDs), since November 17, 2000. Data also reflect redemption ofResurgent India Bonds (RIBs) of Rs.22,693 crore, since October 1, 2003.
Figures in [ ] exclude the impact of mergers since May 3, 2002.